Salt Lake County Council

The Salt Lake County Council has recently dealt another serious blow to real estate developer Terry Diehl’s ambitions as it voted 4-3 against the request to change the zoning on the Tavaci property. For a while now, the developer has voiced his intentions to develop larger buildings than originally planned at the site he owns near Big Cottonwood Canyon. With the new targeted height for development set at 100 feet, the community reacted, and according to examiner.com, a number of members of the public took to the stand and testified for around three hours against the rezoning plan.

The Tavaci Development is once again up for review, now with the Salt Lake County Council after the Salt Lake County Planning Commission only recently rejected the project’s request. The developer in charge of the project, Terry Diehl, is requesting that his company be allowed to turn 43 half-acre residential lots into a multifamily development that would also involve elements of commercial real estate and 100-foot high buildings.

An increase in The Conference Board's Consumer Confidence Index in May suggests that the level of economic growth in the second quarter should improve from the first quarter, supported by solid consumer spending.